ICICI Direct, Euro slipped yesterday amid strong dollar and risk aversion in the global markets.

ICICI Direct, Rupee depreciated marginally yesterday amid strong dollar and elevated crude oil prices.

ICICI Direct, Rupee depreciated yesterday amid firm dollar and surge in crude oil prices.

ICICI Direct, Euro recovered from its 3-week low and closed above the 1.10 mark on Friday amid softer dollar.

This, in turn, means companies run the risk of being caught off-guard when volatility picks up, exacerbating swings in the currency.

ICICI Direct, Rupee is expected to depreciate today amid strong rebound in dollar. Better than expected US advance GDP numbers and resilient labor market has increased the probability of rate hike scenario in US.

Indian rupee opened weaker and hit near two week low against US dollar tracking losses in the local equity and Asian currencies markets.

ICICI Direct, Euro is likely to trade on bullish bias amid softness in dollar. Further expectation of 25 bps hike in today’s policy meeting could support the Euro to rise back towards 1.1120.

ICICI Direct, Rupee depreciated for the first time in last three days ahead of the key FOMC meeting.

At the interbank foreign exchange, the domestic unit opened at 81.74 against the dollar and touched an early high of 81.67 in initial deals.